Kāinga Ora financially sustainable, minister Sepuloni tells parliament

Kāinga Ora financially sustainable, minister Sepuloni tells parliament
Carmel Sepuloni stood in for housing minister Megan Woods yesterday. (Image: BusinessDesk)
Greg Hurrell
The government insists Kāinga Ora’s ballooning debt is manageable and that it has no concerns about the agency’s financial sustainability.Social development and employment minister Carmel Sepuloni faced questioning from National’s spokesperson for housing and infrastructure Chris Bishop in parliament on Thursday.Bishop was tackling the government over a June ministerial briefing paper by the Ministry of Housing and Urban Development (HUD) – leaked to BusinessDesk – that expressed strong concerns about Kāinga Ora&rs...

More Infrastructure

Details of fast-track conflicts of interest released
Policy

Details of fast-track conflicts of interest released

Shane Jones disclosed eight conflicts of interest.

Jem Traylen 11 Oct 2024
Ferry improvements critical for Beachlands development
Infrastructure

Ferry improvements critical for Beachlands development

Upgrades needed 'so as not to impede' huge East Auckland housing scheme.

Oliver Lewis 11 Oct 2024
'Get creative on BTR funding', developer urges
Finance

'Get creative on BTR funding', developer urges

Banks are pricing build-to-rent at higher risk than they have to, operators say.

Maria Slade 11 Oct 2024
Wellington Council votes to halt process to sell airport stake
Infrastructure

Wellington Council votes to halt process to sell airport stake

The sale has become a point of intense political contention in the capital.

Gregor Thompson 10 Oct 2024